Show tS MrA W l D A M 1 AND ATE r PUBLIC ILLIG T TO PAY rAf MO MORE I WARING WARIN D lAR Proposed Schedule Calls for 50 Cents a Month as Ready to Serve Charge Upon pon Consumer First Thousand Feet to Cost If Company's Request Is Granted by Utilities Commissioners to establish a aready aI P PERMISSION II I ready to serve charge of 50 cents instead of the present 23 25 cents to every gas user in ill the II cit city an and a general 1 step increase of ot 30 cents was the appeal made to the state public utilities commission toda today In the hearing of ot the petition of ot the Utah Gas and Coke Colie company for tor foran an an Increase in rates I The increase schedule was an an- an j flounced by George E. E Waring Vice dice j president and general g manager of the American Public 1 Utilities till ties company of ot Grand Rapids Mich which con on troIs the Utah Gas and Co Coke e com Rm com pan pang pany WARING WITNESS Mr Was the principal witness wit wit- ness at today's hearing He said that was required annually to finance the company compan and that a a 3 revenue re of only is Is' Is Isnow now being received I He Hc ie said baid an increase e eI from 25 cents to 50 cents in the I ready to serve sere charge and a general step Increase of ot 30 cents In the price of gas would give the com company pan an excess of ot over ovel the required amount to finance the company compan lIe He HeI I predicted that this excess would be easily absorbed in do Increased costs of i materials labor and operating ex- ex I CRATES j i RATES COMPARED j I Present gas rates in Salt Lake Lalie are I j for fOI the first 1000 cubic feet 1 j I for tor the next feet feel and 90 cents 1 per per thousand for all over o feet i t The thirty cent cent step increase asked I for would bring the price to for tor forthe forthe i the first 1000 feet teet f for r the next j and for tor all over i feet In addition to this step Increase every user of gas would be charged CO liO I cents per month instead of ot 25 cents I Ithe the present lead ready to serve fee I Mr r Waring told the commission that no matter what increase was I t allowed even up to 2 per pr 1000 fe 1000 feet teet t 1 t the public would pay the price e without with with- i lout out complaint i ECONOMY NECESSARY I lIe He said his experience ha has been that whenever t an agitation for tor higher gas rates has has' been blen started the householder has lies become mote mOle economical In the use of gas but hut has rarely discontinued j the ui use e of the commodity I City Attorney W. W V. V lL 11 IT Folland tolland who ls directing a protest against any furI further further fur- fur I ther Increase upon behalf of ot the city I j asked Mr Waring what effect such j I an increase e would have upon the public pub- pub j lic Ilic lie Mr Ir Waring declared that in his I opinion the public would pa pay the price but would not discontinue the use of ot I gas Mr fr 1 Folland olland charged that tl the to gasi gas as i company compan had furnished an appraisal of their property proper to tole the tte utilities commission commission com cone mission six months ago and that the I commission had fixed 11 a u physical valuation valuation valuation tion upon the property lie He said the company Is now seeking to have the the- commission fix a new valuation of ot I approximately approximate more mOle than It Continued on page 8 8 PUBLIC WILLING I IC C Continued n from pa page e 1 did six months ago aKO upon the same appraisal appraisal appraisal ap ap- ap- ap report RELIEF GRANTED It was further charged b by the city attorney that the company has hag been granted a ready to serve charge of 25 cents and a si substantial increase in gas rates He declared the company com corn pan pany is 6 seeking In Its present petition petition peti peti- tion lion to make up by Increased rates all ail losses that might have ha been suffered suffered suf suf- suf-I suf b by the company when It first I began operations In Salt Lake Acc According to th the th-e testimony of ot Mr Waring 1 the increase from 25 5 cents to 60 SO cents In the ready read to serve charge would result in an an increased annual revenue of He lie said the step increase of ot 30 0 cents in the price of or gas would produce an added revenue re of or 1627 9 which with the I present revenue of ot would produce a total annual revenue rE ot or I or approximately approximate more mor than it I is claimed is Is' required I to to operate the company compan In tn the event an increase is not granted b by the commission Mr Ir WarIng Waring War War- arIng ar j ing says say none of ot the company's In Indebtedness indebtedness In- In can be liquidated no dividends dividends divi divi- deride can be paid upon preferred erred stock and no Improvements or extensions made b by the company to meet the I demands of the public |